Research indicates that boats exclusively used in salt water, which are not maintained and cleansed with fresh water, may depreciate more rapidly. This could influence the book value 10% to 15%. Take ...

A small crowd gathered to look at the “Hillbilly Canoe” — a boat belonging to Edmonton, Canada, racers Ken Stacey and Shawn Hizey — following one of the day’s races. That’s because it came back with ...